The project is planned to cover 425 hectares in Muong Bang and Muong Coi communes, with an additional 15 hectares designated for resettlement. It will have an installed capacity of 1,200 MW across four turbines. Total investment is estimated at nearly 21.5 trillion VND (830.9 million USD) for Phase 1 and around 6.4 trillion VND for Phase 2.
Once operational, the facility is expected to generate electricity during daily peak-demand periods, with a maximum continuous generation time of approximately seven hours.
To date, the company and relevant local authorities have completed cadastral surveys, boundary marking and land inventories for site clearance. Access roads for construction have also been completed, while other preparations are being carried out in parallel ahead of the groundbreaking ceremony, scheduled for November 15, 2026.
At the event, a Xuan Thien Group leader asked Son La province to direct relevant departments, agencies and localities to strengthen coordination, help the company complete required procedures, promptly resolve outstanding issues and accelerate implementation to ensure the project meets its groundbreaking schedule.
Speaking at the meeting, Viet said Son La remains committed to supporting businesses investing in power and energy projects in the province. He described such projects as an important resource for strengthening national energy security and driving local economic growth.
He called on Xuan Thien Group to mobilise resources, proactively implement coordinated measures and review each workstream to ensure all necessary conditions are in place for the project groundbreaking.
The Son La provincial People's Committee and Xuan Thien Group sign a commitment to coordinating in completing the required procedures, meeting groundbreaking conditions and maintaining the implementation schedule for the Dong Phu Yen pumped-storage hydropower project.
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